Mingo, IA vs Winthrop, IA

Mingo is moderately more affordable than Winthrop, with a 14.9% lower cost of living index. Mingo scores 63 compared to 74 for Winthrop, where the US average is 100. This difference means residents of Winthrop can expect to pay noticeably more for everyday expenses, housing, and services.

On the housing front, median rent in Mingo is $691/month compared to $1,000/month in Winthrop — a 31% difference. Home values follow the same pattern: Mingo is more affordable at $120,300 median vs $149,200.

Median household income in Mingo is $61,806 compared to $64,904 in Winthrop (-4.8%). Winthrop does offer higher incomes, but the salary premium barely offsets the higher cost of living, leaving residents with a tighter budget. Looking at affordability, residents of Mingo spend roughly 13.4% of their income on rent, less than the 18.5% in Winthrop.

Climate-wise, both cities share similar average temperatures (49.5°F vs 49°F). Mingo receives more rainfall at 36.6" per year compared to 36.3" in Winthrop.